Poet

For POET Technologies Inc. (US:POET), Fintel's data provides a clear picture of its short interest landscape.

Here's a breakdown of the key metrics:

• Short Interest: As of the latest NASDAQ data, the reported short interest for POET Technologies Inc. stands at 4,993,199 shares.1
• Short Interest % Float: This represents 5.30% of the company's float, indicating the proportion of shares available for trading that are currently sold short.1
• Days to Cover: The "Days to Cover" metric for POET is 3.48 days.2 This figure estimates how many trading days it would take for short sellers to cover their positions, assuming average daily trading volume.
• Short Squeeze Score: Fintel's Short Squeeze Score is a sophisticated, multi-factor quantitative model designed to identify companies at high risk of a short squeeze.1 This score ranges from 0 to 100, with higher numbers suggesting a greater potential for a squeeze relative to peers, and 50 being the average.1 While the exact numerical score for POET isn't directly available in the public snippets, it's a dynamic, intraday updated metric that integrates factors like short interest, float, and short borrow fee rates.1

Understanding these metrics can provide valuable context for assessing potential volatility and market sentiment surrounding POET.

Investigate the short borrow fee rates for POET to understand the cost associated with maintaining short positions.

The short borrow fee rate is a crucial metric for understanding the dynamics of short selling, as it represents the cost short sellers incur to maintain their positions. For POET Technologies Inc. (US:POET), Fintel tracks these rates, which are an annualized interest rate paid by a short seller to the lender of the security.1

While Fintel's platform provides a table for POET's short borrow fee rates, the specific numerical rates are dynamic and updated intraday, and are not directly available in the provided snippets.1 These rates are influenced by the supply and demand for shares available to be shorted. A higher borrow fee typically indicates increased demand to short the stock or limited availability of shares, making it more expensive for short sellers. This increased cost can contribute to the pressure on short sellers, potentially increasing the likelihood of a short squeeze, especially when combined with high short interest and days to cover.2

The short borrow fee rate is a key component of Fintel's Short Squeeze Score, which integrates factors like short interest, float, and borrow fees to assess the risk of a short squeeze.2 Monitoring changes in this rate can offer insights into the evolving sentiment and financial burden on short sellers, which is particularly relevant when evaluating a stock's short squeeze potential.

How much is poets current borrow fee

Current Short Borrow Fee Rate for POET Technologies Inc.

For POET Technologies Inc. (US:POET), the current short borrow fee rate is 19.24%.1 This rate represents the annualized interest short sellers must pay to borrow shares of POET. A higher borrow fee indicates increased demand to short the stock or a limited supply of shares available for lending, making it more costly for short sellers to maintain their positions. This elevated cost can be a significant factor contributing to the potential for a short squeeze, especially when combined with other metrics such as high short interest and days to cover.

When is a borrow fee considered high

How high is a borrow fee